Certified Treasury Professional study guide

The Certified Treasury Professional (CTP) certification serves as a benchmark of competency in the finance profession and is recognized as the leading credential in corporate treasury worldwide. Whether you’re looking to safeguard your career or seeking a promotion, earning the CTP certification can open a variety of doors.

The Certified Treasury Professional Exam is specifically devised to open up skills and knowledge of treasury professionals which will help them to execute critical functions pertaining to risk management, corporate liquidity and capita management. It makes the individual competent to maintain corporate liquidity with prudence so that the current and future obligations could be met in a timely and cost-effective mode. Forecasting is a very important task of finance professional and the CTP exam allows the individual to manage optimal cash through forecasting and short-term investing.

The Certified Treasury Professional (CTP) is a special certification which is awarded by the Association for Financial Professionals (AFP) to persons who pass the certified treasury professional examinations exhibit professional competence. This certification is considered to be a standard and benchmark of competency in the field of finance and all over the globe, it is assumed to be a leading credential in corporate treasury. Whether you are a student or an employee seeking a promotion, this qualification can certainly open many options for you.

17.A bank issues a letter of credit (L/C) and receives a request for payment under the L/C. The buyer notifies the issuing bank not to make payment because there is a dispute over the quality of the merchandise. However, the documents received fully comply with the terms of the L/C. Which of the following statements is true? A. The buyer may immediately return the merchandise and cancel the L/C. B. The bank may delay payment until reimbursed by the buyer. C. The bank may delay payment, provided the seller is notified of the dispute within three business days. D. The bank must make payment and is entitled to immediate reimbursement from the buyer. Answer: D

18.The KEY decision in using CCD+ and CTX formats for B2B payments is: A. whether to keep the payment and remittance information together or separate. B. whether to use the Internet or an EDI spoke to transmit electronic payments. C. whether to use an EDI or a UN/EDIFACT protocol to transfer the value electronically. D. whether an evaluated receipts or paid-on-production technique is being used for the transfer. Answer: A

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"AFP Certified Treasury Professional", also known as CTP Certification exam, is a AFP certification.With the complete collection of questions and answers, Test4actual has assembled to take you through 612 Q&As to your CTP Exam preparation. In the CTP exam resources, you will cover every field and category in AFP certifications helping to ready you for your successful AFP Certification.